U.S. short-term bond yields rose by 10 basis points, and expectations for a Federal Reserve rate hike have resurfaced
According to Jinshi, the yield on the U.S. 2-year Treasury bond rose to 4%, increasing by 10 basis points during the day; the latest pricing of interest rate futures shows that the Federal Reserve is expected to raise rates by about 15 basis points by the end of this year.
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